Canaan Wins Nordic Heating Bid, Turns Bitcoin Mining Waste Heat Into Residential Hot Water

Canaan mining maker posted an $88.7m net loss in Q1 2026 on revenue of $62.7m as Bitcoin prices and hashprice both fell sharply. Canaan Inc. reported in a May 19 press release that Q1 2026 revenue reached $62.7 million, in…

HIVE Digital is pivoting from Bitcoin mining to a CAD 3.5b, 320 MW Toronto AI “super factory” hosting 100,000+ GPUs, sending its stock up over 35% on the news. HIVE Digital Technologies, long known as a Bitcoin (BTC) mining company,…

Bit Digital reported a $146.7 million quarterly loss as lower ether prices weighed on its balance sheet, while the company continued expanding its ethereum treasury and AI infrastructure strategy. The firm now holds more than 155,000 ETH and is increasingly shifting away from bitcoin mining. Bit Digital Expands ETH Treasury to $327M, Staking Income Declines […]

The post President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades appeared on BitcoinEthereumNews.com. In brief New ethics filings show that President Donald Trump registered multiple trades of crypto-related stocks. The filings show trades for crypto exchange Coinbase (COIN), Robinhood (HOOD), and a pair of Bitcoin mining firms. The Trump Organization said that the president’s trades are all handled by independent third-party institutions. New ethics filings show that President Donald Trump’s crypto connections extend beyond friendly policies, a meme coin, and a DeFi business to trading crypto-related equities as well.  The president is listed as the filer on two separate 278-T filings dated Thursday that were filed with the U.S. Office of Government Ethics, reporting securities purchases or sales in excess of $1,000 made on behalf of the filer or their spouse or dependents.  According to the filing, the president was assessed and paid a late fee for the more than

President Donald Trump reported trades in crypto firms like Coinbase and Robinhood, among others, according to new ethics filings.

Colombian President Gustavo Petro stressed that the future of bitcoin mining must be ecological, as countries with abundant green energy, including Paraguay and Venezuela, are attracting investments in the sector. He also warned about the consequences of using fossil fuels to power this activity. President Petro Highlights Venezuelan and Paraguayan Potential For Energy Mining Cryptocurrency […]

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute has overtaken BTC as the company’s primary revenue driver. TeraWulf’s latest earnings show its business…